CoinspeakerStocks Fall as Global Economic Worries Weigh on Wall Street US financial giants witnessed their shares slide as credit rating downgrades cast a shadow over the sector. Stocks Fall as Global Economic Worries Weigh on Wall Street
Read More »Gold Prices Expected to Hit $2,500 as Recession Fears Continue
CoinspeakerGold Prices Expected to Hit $2,500 as Recession Fears Continue Analysts and stakeholders expect gold prices to rise as the year runs out because of macroeconomic factors and recession risks. Gold Prices Expected to Hit $2,500 as Recession Fears Continue
Read More »PayPal Launches Its Native Stablecoin PayPal USD (PYUSD)
CoinspeakerPayPal Launches Its Native Stablecoin PayPal USD (PYUSD) PayPal assures its users that PYUSD is fully backed by USD, reserve with funds supporting the stablecoin, while addressing concerns about issuing unbacked tokens. PayPal Launches Its Native Stablecoin PayPal USD (PYUSD)
Read More »Saudi Arabia’s Sovereign Wealth Fund Reports $16B Loss From Crash in Investment Portfolio
CoinspeakerSaudi Arabia’s Sovereign Wealth Fund Reports $16B Loss From Crash in Investment Portfolio Saudi Arabia's investment fund has reported a heavy loss worth billions of dollars from economic factors that reduced its many investments. Saudi Arabia’s Sovereign Wealth Fund Reports $16B Loss From Crash in Investment Portfolio
Read More »Revolut to Close US Crypto Services Due to Uncertain Regulatory Position
CoinspeakerRevolut to Close US Crypto Services Due to Uncertain Regulatory Position From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies. Revolut to Close US Crypto Services Due to Uncertain Regulatory Position
Read More »Eurozone Q2 GDP Beats Expectations, Inflation Down but Economists Still Fear Recession
CoinspeakerEurozone Q2 GDP Beats Expectations, Inflation Down but Economists Still Fear Recession While inflation in Eurozone shows signs of slowing down, it still remains much higher than the targeted 2%. Economists also pointed out other cracks in the Eurozone economy. Eurozone Q2 GDP Beats Expectations, Inflation Down but Economists Still Fear Recession
Read More »European Central Bank Tackles Inflation with 25 BPS Rate Hike
CoinspeakerEuropean Central Bank Tackles Inflation with 25 BPS Rate Hike As the global economy continues to recover from the COVID-19 pandemic, the Eurozone is facing increasing chances of inflationary pressures. European Central Bank Tackles Inflation with 25 BPS Rate Hike
Read More »Treasury Yields Decline as Investors Remain Cautious about US and Global Economy
CoinspeakerTreasury Yields Decline as Investors Remain Cautious about US and Global Economy Treasury Yields are falling further due to general uncertainty in the market regarding interest rates and monetary policies. Treasury Yields Decline as Investors Remain Cautious about US and Global Economy
Read More »JPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS
CoinspeakerJPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS The increase in Q2 2023 figures show that JPMorgan is not negatively affected by its recent acquisition of First Republic Bank. JPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS
Read More »Crypto Soars to Yearly Highs amid XRP Fueled Sentiment
CoinspeakerCrypto Soars to Yearly Highs amid XRP Fueled Sentiment Bitcoin (BTC), the world’s largest cryptocurrency, reached its highest price since June 2022, touching $31,818 on the Bitstamp exchange. Crypto Soars to Yearly Highs amid XRP Fueled Sentiment
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